Financial: State Farm Mutual Funds®
Whether you are planning for retirement, investing for education or just saving in general, State Farm offers employees a wide variety of Mutual Funds choices that may help you achieve your goals. As part of the Total Rewards package, you are eligible to purchase State Farm Associate Mutual Funds and select mutual funds offered by BlackRock® without a sales charge.
There are four Associate Mutual Funds, which have been available to employees, agents, and qualified family members since 1968. You will be able to find more information on these funds on the State Farm intranet site once you begin your employment.
In 2018, State Farm began offering mutual funds by fund providers American Funds® and BlackRock. State Farm employees, agents and qualified family members may purchase a select group of BlackRock mutual funds without sales charges at Net Asset Value (NAV)1,2. Additionally, employees, non-registered agents and qualified family members may purchase funds offered by American Funds and at a maximum sales charge of 5.75%. For more information about American Funds and BlackRock funds, visit statefarm.com® and select Finances - Mutual Funds.
Mutual Fund Benefits
There are several benefits associated with purchasing Mutual Funds as an employee, agent or qualified family member2:
- State Farm Associate Funds and select mutual funds offered by BlackRock can be purchased without a sales charge.2
- For Associate Funds, contributions can be made through payroll deduction.
- For Associate Funds, BlackRock and American Funds, contributions can be made by check or by automatic withdrawals from a checking or savings account.
- Account details can be viewed through statefarm.com®. • The Mutual Funds Response Center (MFRC) is available for assistance with Associate Funds at 1-800-447-0740.
- For assistance with American Funds or BlackRock funds, visit with a registered State Farm agent.
Keep in mind, there are expenses associated with the Associate Funds, BlackRock and American Funds mutual funds. For more information regarding expenses, visit the site stated above.
Automatic investment plans do not assure a profit or protect against loss.
1NAV is calculated by adding all of the assets of a Fund, subtracting the Fund's liabilities, then dividing by the number of outstanding shares.
2Qualified family members for Associate Funds include spouse, parents, grandparents, great-grandparents, children, grandchildren, great-grandchildren, step relatives (stepparent, stepchild, etc.), and court-appointed foster children. Qualified family members for BlackRock funds include spouse, parents, children and court-appointed children.
Investors should carefully consider investment objectives, risk, charge and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses which can be obtained by visiting statefarm.com. Read it carefully.
Before investing in State Farm Associate Funds, consider the funds' investment objectives, risks, charges and expenses. Contact State Farm VP Management Corp (800-447-0740) for a prospectus or summary prospectus containing this and other information. Read it carefully.
BlackRock mutual funds are distributed by BlackRock Investments, LLC (together with its affiliates, “BlackRock”). BlackRock is not affiliated with SFVPMC or any other entity mentioned herein. BlackRock is a registered trademark of BlackRock, Inc.
SFVPMC is a separate entity from Capital Research and Management Company (CRMC) which is the investment adviser for the American Funds.
Securities are not FDIC insured, are not bank guaranteed and are subject to investment risk, including possible loss of principal.
State Farm (including State Farm Mutual Automobile Insurance Company and its subsidiaries and affiliates) is not responsible for, and does not endorse or approve, either implicitly or explicitly, the content of any third party sites hyperlinked from this page. State Farm has no discretion to alter, update, or control the content on the hyperlinked, third party site. Access to third party sites is at the user's own risk, is being provided for informational purposes only and is not a solicitation to buy or sell any of the products which may be referenced on such third party sites.
Neither State Farm® nor its agents provide tax or legal advice.